Direxion Daily FTSE China Bear 3X Shares company info

What does Direxion Daily FTSE China Bear 3X Shares do?
Direxion Daily FTSE China Bear 3X Shares (NYSE:YANG) operates as an exchange-traded fund (ETF) designed to provide investors with leveraged inverse exposure to the Chinese equity markets. Specifically, it seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the FTSE China 50 Index. This ETF is a strategic tool for traders looking to capitalize on short-term bearish movements in the Chinese market. It aims to achieve its objectives by engaging in swap agreements, futures contracts, short positions, and other financial instruments. Direxion Daily FTSE China Bear 3X Shares focuses on delivering amplified inverse results for a single day, making it a compelling option for experienced investors understanding the risks and mechanisms of leveraged ETFs. However, due to its highly specialized and leveraged nature, it's primarily suited for those with sophisticated trading strategies looking for quick, short-term gains against Chinese equity performance.
Direxion Daily FTSE China Bear 3X Shares company media
Company Snapshot

Is Direxion Daily FTSE China Bear 3X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily FTSE China Bear 3X Shares employ?

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Employees
56

What sector is Direxion Daily FTSE China Bear 3X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily FTSE China Bear 3X Shares?

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Head Office
New York, United States

What year was Direxion Daily FTSE China Bear 3X Shares founded?

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Year Founded
2009
What does Direxion Daily FTSE China Bear 3X Shares specialise in?
/Exchange Traded Fund /Short Strategy /Chinese Market /High Risk /Leveraged Investment /Bearish Positioning

What are the products and/or services of Direxion Daily FTSE China Bear 3X Shares?

Overview of Direxion Daily FTSE China Bear 3X Shares offerings
Targets Inverse Daily Return of FTSE China 50 Index (3x Leveraged): YANG aims to deliver daily returns that are -3 times (3x leveraged) the inverse performance of the FTSE China 50 Index. This means if the index goes down 1%, YANG aims to go up 3%, and vice versa.
Seeks to Capitalize on Bearish Markets: YANG benefits when the Chinese stock market, as reflected by the FTSE China 50 Index, is declining. The 3x leverage amplifies those downward movements.
Short-Term Investment Focus: Due to the compounding effect of leverage, YANG is designed for short-term trading strategies and may not be suitable for long-term investors.
Potential for Magnified Gains: While YANG targets magnified returns in a declining Chinese market, it can also amplify gains if the market rebounds slightly.
High Risk Profile: Leveraged ETFs like YANG inherently carry a higher risk profile compared to traditional ETFs or stocks. Investors should be aware of the potential for significant capital loss, even if the Chinese market experiences a moderate decline.
Volatility Decay Over Time: The daily reset mechanism of the leverage can cause YANG's performance to deviate from its target return over extended periods, especially in volatile markets.